10 most trusted brands in India

The Brand Trust Report has come out with a list of 1,000 Most Trusted Brands in India.

The report, a result of research conducted on 61 components with 2718 'influencer' respondents from 15 cities, generating more than two million data-points from 12,000 hours of study, lists the names of the companies that are most respected by Indians.

Let's take a look at 10 of these companies.

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Nokia

India ranking: 1

Nokia Corporation is a Finnish multinational communications corporation headquartered in Keilaniemi, Espoo, a city neighbouring Helsinki.

It manufactures mobile electronic devices, mostly mobile telephones and other devices related to communications, and in converging Internet and communications industries, with 130,000 employees in 120 countries, sales in more than 150 countries.

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It was the world's largest manufacturer of mobile phones in 2011, with global device market share of 23 per cent in the second quarter.

Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA.

Nokia offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform. Its joint venture with Siemens, Nokia Siemens Networks produces telecommunications network equipment, solutions and services.

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Tata

India ranking: 2

Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. It is one of the largest conglomerates in India by market capitalisation and revenue.

It has interests in communications and information technology, engineering, materials, services, energy, consumer products and chemicals.

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Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations.

It comprises 114 companies and subsidiaries in eight business sectors, 27 of which are publicly listed. 65.8 per cent of the ownership of Tata Group is held in charitable trusts.

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LG

India ranking: 3

LG Corp is the second-largest South Korean conglomerate company following Samsung, and it is headquartered in the LG Twin Towers in Yeouido-dong, Yeongdeungpo-gu, Seoul.

LG produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display, LG Telecom and LG Chem in over 80 countries.

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LG Corporation founder Koo In-Hwoi established Lak-Hui Chemical Industrial Corp in 1947. In 1952, Lak-Hui became the first Korean company to enter the plastics industry.

As the company expanded its plastics business, it established GoldStar Co, Ltd, (currently LG Electronics Inc) in 1958.

Both companies Lucky and Goldstar merged and formed Lucky-Goldstar.

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Samsung

India ranking: 4

Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol.

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Notable Samsung industrial subsidiaries include Samsung Electronics (the world's largest information technology company measured by 2011 revenues), Samsung Heavy Industries (the world's second-largest shipbuilder measured by 2010 revenues), and Samsung Engineering and Samsung C&T (respectively the world's 35th- and 72nd-largest construction companies).

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Sony

India ranking: 5

Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan Minato, Tokyo, Japan. It ranked 73 on the 2011 list of Fortune Global 500.

Sony is one of the leading manufacturers of electronics products for the consumer and professional markets.

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Sony Corporation is the electronics business unit and the parent company of the Sony Group, which is engaged in business through its four operating segments - Electronics (including game, network services & medical business), Pictures, Music and Financial Services.

These make Sony one of the most comprehensive entertainment companies in the world.

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Maruti Suzuki

India ranking: 6

Maruti Suzuki India Limited, commonly referred to as Maruti, is a subsidiary company of Japanese automaker Suzuki Motor Corporation. It has a market share of 44.9 per cent of the Indian passenger car market as of March 2011.

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It was the first company in India to mass-produce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India.

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Bajaj

India ranking: 7

Bajaj Group is an Indian conglomerate founded by Jamnalal Bajaj in 1926, Mumbai. Bajaj Group is one of the oldest and largest conglomerates based in Mumbai, Maharashtra.

The group comprises 34 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer.

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Some of the notable companies are Bajaj Electricals, Mukand Ltd & Bajaj Hindusthan Ltd. Involvement in various industries that include automobiles (two- and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.

The Group is headed by Rahul Bajaj.

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LIC

India ranking: 8

Life Insurance Corporation of India is the largest state-owned insurance group in India, and also the country's largest investor. It is fully owned by the Government of India.

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It also funds close to 24.6 per cent of the Indian Government's expenses. It has assets estimated of $264.34 billion. It was founded in 1956 with the merger of 243 insurance companies and provident societies.

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Airtel

India ranking: 9

Bharti Airtel Limited, commonly known as Airtel, is an Indian telecommunications company that operates in 20 countries across South Asia, Africa and the Channel Islands.

It operates a GSM network in all countries, providing 2G or 3G services depending upon the country of operation.

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Airtel is the third largest telecom operator in the world with over 243.336 million customers across 20 countries as of March 2012.

It is the largest cellular service provider in India, with over 178.78 million subscribers at the end of February 2012. Airtel is the third largest in-country mobile operator by subscriber base, behind China Mobile and China Unicom.

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Reliance

India ranking: 10

Reliance Industries Limited is an Indian conglomerate company headquartered in Mumbai, Maharashtra, India. The company operates through three business segments: petrochemicals, refining, and oil and gas, other segment of the company includes textile, retail business, special economic zone development and telecom/broadband business.

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RIL is the largest publicly traded company in India by market capitalization and second-largest public corporation in India when ranked by revenue.

The company is listed on Fortune Global 500 and Forbes Global 2000.